Pharma Patch acquisition by Technical Chemicals would bring transdermal drug expertise to diagnostics firm.
Executive Summary
PHARMA PATCH PROPOSED ACQUISITION BY TECHNICAL CHEMICALS would add expertise in transdermal drug delivery to Technical Chemicals and Products' professional and OTC diagnostics business. The companies recently announced the signing of a letter-of-intent whereby TCPI would acquire all the business assets and operations of Pharma Patch for $17 mil.